Hiscox Appoints Baldwin US Media Practice Leader Hiscox, headquartered in Atlanta, appointed Karen Baldwin as vice president, media practice leader. Baldwin leads Hiscox USA’s media liability practice. Baldwin has over 30 years of media underwriting and leadership experience, most recently …

The United Arab Emirates, which operates the Gulf’s only commercial nuclear power station, is for the first time taking special measures to protect the project from the devastating impact of climate change. Since September, the Federal Authority for Nuclear Regulation …

Climate risks, disruptive technology and geopolitical instability are what worry risk managers most, according to a joint survey from the Casualty Actuarial Society and the Society of Actuaries. The 18th Annual Emerging Risk Survey is an online questionnaire prompting risk …

ChatGPT maker OpenAI said on Thursday it is evaluating U.S. states as potential artificial intelligence data center locations for its massive Stargate venture, framing the project as a matter of urgency for the United States to beat China in the …

MONTGOMERY, Ala. (AP) — After a violent year marked by multiple mass shootings in Alabama, Republican Gov. Kay Ivey and many lawmakers from both parties are backing a proposed ban on so-called Glock switches and other conversion devices that make …

AM Best has downgraded Connecticut Attorneys Title Insurance Co. (CATIC) of Essex Junction, Vermont. The company’s Financial Strength Rating has been downgraded to to B (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating to “bb” (Fair) from “bbb” …

A manufacturer and its workers compensation insurer thought an injured 60-year old service technician employee did not work hard enough to find a suitable replacement job as required to qualify for wage loss benefits. Among other things, he did not …

Bankrupt health system Prospect Medical Holdings Inc. won court approval to hand operations of its Pennsylvania hospitals to a state-backed receiver, a last minute deal that averts potential closures of critical health centers. The agreement approved Thursday by Judge Stacey …

Edison International’s utility is looking at whether a power line retired in 1971 started the Eaton wildfire as part of a probe into the cause of the blaze that razed more than 9,000 structures. Southern California Edison found evidence of …

Before a wildfire ravaged their street in northwest Altadena, Louise Hamlin and Chris Wilson lived next door to each other in nearly identical houses. “I chose an old home in an old neighborhood because it has soul,” said Hamlin, a …

A Pittsburgh-based construction business will pay a fine of $144,000 for misclassifying 192 workers in violation of Pennsylvania law. The Pennsylvania Department of Labor & Industry (L&I) announced it has reached a settlement agreement with Romero Remodeling Co. for violating …

A U.S. bankruptcy judge on Wednesday blocked a settlement between families who have sued Alex Jones over his false claims about the 2012 Sandy Hook Elementary School mass shooting, saying their attempt to divide the bankrupt conspiracy theorist’s assets exceeded …

Wildfires are intensifying the problems in California’s property insurance market, according to a new commentary from AM Best. Those problems include a major insurer pullback from California in the past year, followed by the L.A. wildfires, which could result in …

The European Commission has asked online fast-fashion retailer Shein to provide internal documents and more detailed information on risks linked to the presence of illegal goods and content on its marketplace, the EU executive said on Thursday. Shein said it …

Georgia’s governor has asked state lawmakers for $175 million to cover the growing costs of liability claims against state agencies and employees, as the state’s liability insurance fund has dwindled to a fraction of the outstanding costs. The Atlanta Journal-Constitution …

Coming off of its best year ever in 2024, Kingstone Companies, Inc., a Northeast regional property/casualty insurance holding company, announced that it has agreed to sell its headquarters building in Kingston, New York. The buyer is Ulster County, which agreed …

Alphabet’s Google is scrapping its goal to hire more employees from underrepresented groups and is reviewing some of its diversity, equity and inclusion (DEI) initiatives, joining a slew of U.S. businesses scaling back diversity initiatives. “In 2020, we set aspirational …

New York Gov. Kathy Hochul on Monday signed a bill to shield the identities of doctors who prescribe abortion medications, days after a physician in the state was charged with prescribing abortion pills to a pregnant minor in Louisiana. The …

A group of investors representing €6.6 trillion ($6.8 trillion) of assets is calling on European officials not to cave in to mounting pressure to scale back the bloc’s ESG regulations. The planned reporting rules are essential to help asset managers …

Most of European Union surface water bodies are polluted by chemicals, the European Commission said on Tuesday, in a report that revealed the damaged state of Europe’s water resources. The European Union is drafting plans this year to tackle water …